Land Registry launch new Application Enquiry service
A new online service named Application Enquiry has been launched by Land Registry, which they say enables organisations and professionals to view the progress of applications in real time. The free online portal replaces the Day List Enquiry service, with Land Registry saying the new system provides: “a user friendly search; more detail about an application […]
Growth in sales set to be “more modest” after Buy-to-Let surge – RICS
Just 17% of Chartered Surveyors think there will be an increase in property sales in the next three months according to the Royal Institute of Chartered Surveyors. RICS say prices have been coming down since December as the market reached a peak due to the expected Buy to Let surge. In addition, while house price […]
Government trumpets 150,000 Help to Buy completions.
Government trumpets 150,000 Help to Buy completions. 150,000 completions have been made under the Department for Communities and Local Government’s Help to Buy equity loan and mortgage guarantee programme since it’s inception two years ago, although 32,000 of such purchases are not first time buyers. Half of those 150,000 homes purchased have been new build homes, […]
Chalk undermines conveyancers
Tom Backhouse discusses chalk mines and cases where overlying ground has resulted in significant material damage to individual properties, businesses and infrastructure.
Landmark Information Group supports solicitors in meeting CPR obligations
With conveyancing solicitors facing new obligations relating to Consumer Protection Regulations (CPR) following the publication of new guidance from the Law Society, Landmark Information Group is providing a solution that ensures solicitors can easily disclose relevant data that could materially affect a buyer’s decision to proceed with a transaction. The CPRs are designed to protect […]
New Law Society practice note urges conveyancers to adopt consumer friendly trading practices
The Law Society has published a new practice note urging conveyancers to adhere to Consumer Protection Regulations. The news means that conveyancers will have to maintain ‘consumer-friendly’ trading practices. The ‘Consumer Protection from Unfair Trading regulations’ (CPRs) actually came into force in 2008 but recent regulatory changes have now made them potentially relevant to property […]
Transactions up 12% in February.
The number of house transactions increased 12% month to month from January to February – twice the growth from December to January according to Your Move and Reeds Rains. According to Peter Williams and John Tindale of Acadata, the number of transactions in England and Wales for February will total around 64,000, 9.3% higher than […]